General Electric Co (GE.N) wants to be a "sizable" player in the market for systems that store energy to manage power volatility, a sector the company expects to quadruple to $6 billion by 2020, the head of GE's energy storage business told Reuters. Demand for industrial battery systems is being ... Read more
As many as 55 cities in 27 states and union territories are currently being developed as solar or green cities, parliament was told today.So far, 55 existing cities in 27 states/UTs are being developed as solar cities in the country under 'Development of Solar Cities programme', Power and New and Re... Read more
The competition in the nascent battery storage market continues to intensify, with South Korean appliance manufacturers LG Chem launching a new 6.4kWh battery storage system that approaches the key $1,000/kWh mark. The new battery storage system is being made available to consumers in the next few ... Read more
California utility issues RFP for plug-and-play storage systems to fill broader range of grid needs Someday, grid batteries will come in standard packages, ready to be plugged in as fast as utilities can find places and use cases for them. At least, that’s how utility Southern California Edison w... Read more
Moixa is planning to install more than 1MW of its energy storage systems by the end of 2015. Photo: Moixa Technology A London-based energy storage firm has launched a new crowdfunding campaign for a system which could rival Tesla, Powervault and other players in the UK's surging battery market.... Read more
Companies agree to develop 1-MW demonstration project to facilitate the integration of renewable energy sources Pictured (left to right) at the recent launch event of the Tesla Powerwall home battery system in California are Gaelectric Group CEO, Brendan McGrath and Gaelectric Hea... Read more
AES has begun construction of what will be the largest energy storage project in Europe when it comes online later this year in Carrickfergus, Northern Ireland. The 10-MW/40-MWh Kilroot Advancion Energy Storage Array is being added to the AES UK & Ireland Kilroot Power Station in County Antrim ... Read more
Solar power could become as cheap as conventional thermal energy over the next two to three years and reach Rs 4-4.5 per unit by FY18, India Ratings and Research (Ind-Ra) said in a report. "This will be driven by a decline in capital costs -- solar modules and other balance of plant equipment, a... Read more
Aiming to consolidate the renewable energy sector and give it an institutional structure, the Union government has drafted the National Renewable Energy Bill, 2015. After it is passed by Parliament it would enable a National Renewable Energy Policy, Renewable Energy Corporation of India, an adviso... Read more
ChargePoint and Green Charge link batteries and public EV chargers to limit demand charges and make loads more flexible. Plug-in electric vehicles could be a major challenge or a major resource, according to the utilities plotting ways to turn EV charging stations into smart, grid-responsive resou... Read more
The Philippine unit of US energy giant AES Corp. is set to construct battery storage facilities to help address the country’s power supply problems. The facilities would store power from renewable energy such as solar and make this available for customers even when the main source is not availabl... Read more
Clean power giant SunEdison continues its expansion plans, snapping up a large player in the growing market for rooftop solar panels. Clean energy company SunEdison announced on Monday morning that it plans to acquire Vivint Solar, one of the largest U.S. companies that installs solar panels on hom... Read more